Biden never made fighting inflation an overriding priority, probably because he thought there wasn’t much he could do about it; the system just needed to heal itself. If so, he was right. Supply chain problems ended after the pandemic; the world adjusted to the impacts of the Ukraine war; and the two-year rule cited in several previous posts worked its magic. Today, inflation is back to normal. Trump will undoubtedly get the credit for it.
But the experience of 2022-23 was a political disaster for Biden. Would things have been different if he had been more public and less passive in the battle against inflation? Would a constant drumbeat of complaints from the Oval Office about unjustified price increases have helped? Would a more vigorous effort to rein in spending have impressed the electorate, even if it didn’t accomplish much in the real world?
I doubt it, but we’ll never know. In retrospect, it was probably his only chance.